Ceragon Networks Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-2.1M | $24.1M | $6.2M | $-19.7M | $-14.8M | $-17.1M | $-2.3M | $23.0M |
| Depreciation & Amortization | $14.3M | $12.1M | $10.0M | $11.0M | $12.2M | $12.9M | $9.7M | $7.8M |
| Depreciation | $10.8M | $10.3M | $9.3M | $10.6M | $11.8M | $10.7M | $9.6M | $7.8M |
| Amortization | $3.5M | $1.8M | $632.0K | $420.0K | $401.0K | $393.0K | $136.0K | $0 |
| Stock-Based Compensation | $4.1M | $4.3M | $4.0M | $3.6M | $2.6M | $1.7M | $2.1M | $2.0M |
| Net Cash from Operating Activities | $31.6M | $26.2M | $30.9M | $-4.9M | $-15.0M | $17.2M | $-12.9M | $22.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $13.6M | $14.6M | $10.0M | $10.5M | $9.4M | $6.1M | $11.6M | $10.3M |
| Business Acquisitions | $6.6M | $0 | $8.0M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-24.0M | $-16.5M | $-20.9M | $-12.4M | $-9.4M | $-6.5M | $-13.9M | $-15.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-5.5M | $-1.5M | $-4.9M | $23.1M | $14.5M | $-7.4M | $15.2M | $2.6M |
| Net Change in Cash | $3.1M | $7.1M | $5.3M | $5.9M | $-10.0M | $3.2M | $-11.6M | $9.7M |
| Free Cash Flow | $17.9M | $11.6M | $20.9M | $-15.4M | $-24.4M | $11.2M | $-24.5M | $12.2M |